David Tilney

Posted on May 19, 2017 by

David TilneyDavid Tilney has owned and operated single-family houses for 39 years.  He understands that real estate, if vacant, is not an asset but a liability. He also believes that his tenants are his greatest assets. David views his tenants as his on-site resident managers who are compensated with good long-term housing. Empowering tenants has allowed David and his wife, Mary, to spend 8 months each year in Naples FL and 4 months in Colorado Springs, without the need for any employees.

In 1984 David became a tenant and rented a house for 35 years, which he then sub-leased for a profit. By the end of 1996 David had leased and sub-leased over 100 houses. Many others have achieved real estate success using this business model.

John D. Rockefeller once said, “Own nothing, but control everything.” David has found master leasing to be a great way to control most of the benefits of real estate without all of the liabilities.

Comments

  1. Harrison Rogers says:

    David:

    I’m new to the landlord business and I’m looking for a CPA to help with taxes and real estate investment tax stratigies.

    Thanks,

    Harrison Rogers
    404-784-5400

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